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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Israel proposes pause in Gaza fighting to secure hostage deal

The US news site Axios reported, citing unnamed Israeli officials, that the deal would take place in multiple stages, the...
  • The deal would also see the release of a number of Palestinian captives
  • The proposal does not include promises to end the war in the Gaza Strip

Israeli strikes kills 200 in Lebanon since Gaza war began

Since the outbreak of war between Hamas and Israel on October 7, the Lebanese-Israeli border has witnessed a near-daily exchange...
  • Monday saw air strikes and artillery shelling targeting Lebanese border villages, with a high school damaged in Taybeh near the Israeli border.
  • More than 83,000 Lebanese have been forced to flee their homes since hostilities began, according to the International Organization for Migration.

Israel pounds Gaza as Netanyahu rejects hostage release deal

Abdelrahman Iyad, wounded in Gaza and now being treated aboard the French helicopter carrier Dixmude, docked in Egypt, said he...
  • While fighting is concentrated in the south it has not ended in the north, where Hamas authorities reported shelling in the Gaza City area and witnesses heard explosions.
  • UN agencies have warned of famine and disease as Gazans, at least 1.7m of whom are displaced, struggle with shortages of water, medical care during bombardments.

‘New era for India’: Modi inaugurates temple built over razed mosque

"Breaking the shackles of slavery, the country should rise, taking lessons from the past," Modi said, speaking outside the temple...
  • "January 22, 2024 is not merely a date in the calendar but heralds the advent of a new era", PM Modi said.
  • The Temple has been built on grounds where a mosque stood for centuries before it was torn down in 1992 by Hindu zealots incited by members of his party.

WHO chief warns pandemic accord hangs in the balance

Shaken by the Covid-19 pandemic, the WHO's 194 member states decided more than two years ago to start negotiating an...
  • But WHO chief Tedros Adhanom Ghebreyesus said the momentum had been slowed down by entrenched positions and "a torrent of fake news, lies, and conspiracy theories".
  • Failure to strike an agreement would be "a missed opportunity for which future generations may not forgive us," he said.

Africa in debt spiral as restructuring efforts drag on

Paris, France -- While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa,...
  • In 2022, African public debt stood at $1.8 trillion, a 183-percent jump from 2010, having grown at around four times as fast as economic output, according to UN figures.
  • Private investors -- including investment funds and pension funds -- have in recent years risen to become the top lender to African nations.

Potential dangers of AI seen as major business risks for 2024

Davos, Switzerland -- Thdfe potential dangers of AI, particularly its influence on upcoming elections and the escalation of military conflicts,...
  • Elections emerged as a focal point of discussion: 3 billion people across 40 countries, representing 60% of global GDP, are set to vote this year.
  • "Misinformation can destroy trust through an election and undermine society at large," said one CEO.

EU foreign ministers to meet Israeli, Palestinian diplomats

The bloc's foreign policy chief Josep Borrell risked incurring Israel's wrath by accusing it on Friday of having "created" and...
  • EU ministers will first meet with Israel's FM and then with the PA's top diplomat Riyad al-Maliki
  • A high-ranking EU official said there were no expectations of any breakthroughs

Wounded Gazans get medical care on French hospital ship

Israel responded with a military offensive that has killed at least 25,105 people in Gaza, mostly women and children, according to...
  • French warship began treating patients in November, off the coast of the port of El-Arish, 50 kilometers (30 miles) west of the Egyptian border with Gaza
  • French doctor Marine, who is serving aboard the Dixmude said the warship has so far received 120 patients, all serious cases who needed long periods of hospitalization

Trump closes in on Republican presidential nomination in New Hampshire

Manchester, United States - Donald Trump aims to sew up the Republican presidential nomination after the contest narrowed to a two-horse...
  • The ex-president won a crushing victory over DeSantis in Iowa last week, with Haley trailing in third
  • That makes New Hampshire make-or-break for Haley, Trump's one-time UN ambassador, who trails her former boss

Israel intensifies attacks before ceasefire deadline as Lebanon seeks “immediate halt”

US president says ceasefire takes effect on Wednesday at 4:00 AM Beirut time, as Lebanese officials accuse Israel of trying...

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Huthi missile attack severely injures sailor on cargo ship: US military

Two cruise missiles launched by Yemen's Huthi rebels struck a bulk cargo carrier in the Gulf of Aden on Thursday,...

Battles rage in Rafah as Biden blames Hamas for truce delay

On Monday, the UN Security Council adopted a US-drafted resolution supporting the plan, and on Thursday, German Chancellor Olaf Scholz...

Fire at Iraqi oil refinery injures 13

"More than 10 people were injured, mainly men from the Arbil civil defense," said the Iraqi civil defense in a...

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Houthis claim attack on merchant ship in Red Sea off Yemen

The Houthis, who are at war with a Saudi-led coalition after ousting the government from Sanaa in 2014, have launched...
  • The ship was hit about 68 nautical miles (126 kilometres) southwest of the rebel-held port city of Hodeida, maritime security firm Ambrey had said earlier in the day
  • The United Kingdom Maritime Trade Operations, which is run by Britain's Royal Navy, said a vessel was "hit on the stern by a small craft" 66 nautical miles southwest of Hodeida

Blinken heads to key mediator Qatar after Hamas seeks tweaks to truce deal

US Secretary of State Antony Blinken was heading on Wednesday to talks in key mediator Qatar after Hamas gave a...
  • Hamas proposed an amended ceasefire timeline and the complete withdrawal of Israeli troops
  • Blinken said in Israel on Tuesday that Prime Minister Benjamin Netanyahu has committed himself to the plan

Erdogan visits opposition party headquarters first time in 18 years

Istanbul, Turkey - Turkish President Recep Tayyip Erdogan visited the opposition CHP party headquarters on Tuesday, the first time in 18...
  • The one-and-a-half-hour meeting between Erdogan and CHP leader Ozgur Ozel in the capital Ankara comes more than a month after their first encounter in May
  • Erdogan has signalled "softening" in politics after the March vote observers called his worst defeat since his Islamic-rooted AKP party took power in 2002